REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,162 (target)

1819 Goddard Rd, Lincoln Park, MI 48146

3 beds • 2 baths • 994 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.4% first-year return on $53,700 initial cash invested.

3.4%

Cash On Cash

8.47%

Cap Rate

1.25

DSCR

$2,162

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,162 income − $2,010 expenses = $152 cash flow

Income$2,162Mortgage P&I$96244%Property Taxes$25412%Insurance$603%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23811%Cash Flow$152

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,162

Total Expenses

$2,010

Mortgage P&I

45%

$962

Property Taxes

12%

$254

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$238

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis